Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.013%
Price spread now: Bitget against BloFin+0.976%55s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.769%−$77 · spread now +0.976%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.930% dearer against BloFin than usual: you sell high and buy low: +$93 more if the spread goes back to its 7-day average of +0.047%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PYTH-USDT | 0.06247 | 0.0034 | pay 0.0017% / 4h | 2h 20m | $418K | $75K | 75x |
| Short | Bitget PYTHUSDT | 0.06308 | 0.0100 | get 0.0050% / 4h | 2h 20m | $2.6M | $2.2M | 75x |
BloFin PYTH-USDT
Bitget PYTHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.8
- Price spread: +0.976% → +0.047%
- $92.96
- Slippage, 4 orders
- −$55.74
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $27.02
- Costs to cover
- 0.797%
- Break-even
- from the start
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 6 min ago | 2.40 bp | 11.6 bp −$12 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.99 bp | 21.8 bp −$22 | 71.5 bp −$715 | doesn't fit | doesn't fit |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack PYTH_USDC_PERP | −0.0413% | 1h | 0.06291 | +0.696% | $38K | $63K | 10x | as long as short |
| Gate PYTH_USDT | −0.0108% | 4h | 0.06304 | +0.912% | $1.0M | $530K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06303 | +0.894% | $187K | $19 | 5x | as long as short |
| Deribit PYTH_USDC-PERPETUAL | 0.0000% | 1h | 0.06311 | +1.024% | $10K | $10K | 10x | as long as short |
| MEXC PYTH_USDT | +0.0008% | 4h | 0.06309 | +0.992% | $10.5M | $2.7M | 125x | as long as short |
| Binance PYTHUSDT | +0.0009% | 4h | 0.06311 | +1.024% | $9.0M | $18.9M | 75x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | +0.208% | $553 | $220K | 5.5x | as long as short |
| BloFin PYTH-USDTlong | +0.0034% | 4h | 0.06247 | long leg | $418K | $75K | 75x | |
| Aevo PYTH-PERP | +0.0080% | 1h | 0.06306 | +0.938% | $23K | — | 3x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06315 | +1.089% | $194K | $210K | 5x | as long as short |
Backpack PYTH_USDC_PERP
Gate PYTH_USDT
dYdX PYTH-USD
Deribit PYTH_USDC-PERPETUAL
MEXC PYTH_USDT
Binance PYTHUSDT
Injective PYTH/USDC PERP
Aevo PYTH-PERP
Lighter PYTHShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06311 | +1.019% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06313 | +1.052% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06308 | +0.982% | $20K | $45K | 10x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06311 | +1.024% | $7.4M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06311 | +1.024% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06312 | +1.040% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDTshort | +0.0100% | 4h | 0.06308 | +0.976% | $2.6M | $2.2M | 75x | |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06309 | +0.992% | — | $2.8M | — | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06276 | +0.471% | $38K | $25K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06309 | +0.991% | $2K | $2K | 10x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0236% | 1h | 0.06318 | +1.130% | $385K | $298K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06306 | +0.948% | — | — | 20x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0312% | 1h | 0.06493 | +3.938% | $40K | $19K | 25x | as long as short |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
BingX PYTH-USDT
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Kraken Futures PF_PYTHUSD
Reya PYTHRUSDPERP
Coinbase International PYTH-PERP-INTX